Ryan McDonough

With third-party AI systems involved in recording client conversations and handling client data, it is essential that advisers gain the informed consent of clients about the application of this technology – and it is arguably a requirement of Standard 4 of the Code of Ethics. Rhett Das Sean Graham #ai #assuredsupport #integritycompliance #financialadvisers #financialplanning #financialservices

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if you are going to LeadDev London in a few weeks make sure you attend this talk. Parul has some amazing insights to share which will help you understand neurodiversity and how it can enlighten your work relationships and team dynamics, consider it like gaining a superpower and Parul is Professor X!

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There is a lot of talk about AI at the moment and with that lots of new terminology. I have found this article really useful to help understand what it all means! Thank you Shuab Kunwar https://lnkd.in/eKBR2_CM

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Looking forward to presenting this talk with Geoff Smith at the BCS, The Chartered Institute for IT on Thursday the 14th November. "In this event, we will explore Personal AI Agents, Domain Super Apps, Data Wallets and Hyper-Personalization, how we might deal with cold start issues and the ever-growing concerns relating to Data/AI ethics and trust." The signup link is in the comments. ✅ (If you come along in person, I might even buy you a beer afterwards 😉) HT to Jamie Smith💡for the intro

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Microsoft/Inflection is the latest example of the UK Competition & Markets Authority (CMA) taking a closer look at strategic partnerships between AI start-ups and Big Tech. Whilst these types of deal will often not be 'traditional' mergers, the CMA has demonstrated its appetite to flex its jurisdictional muscles and take an expansive approach to review these deals. Please see below for our Competition team's key take-aways from the CMA's decision and likely next steps (both at the UK and EU level). Nigel Seay, Chloe Budd, Richard J Brown, Rosamund Browne #Competition #MergerControl #AI

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A new set of challenges, and even bigger fines! It is critical to get your posture right, set up governance from the get go and evolve it with your organization's adoption of AI. No one likes to retrofit governance to existing implementation 🤔 Speak to our resident expert Henry Brown at Ascent if you are looking for support in this space! #aigovernance #responsibleai #ethicalai

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👩‍⚖️What impact has AI already had on the Scottish legal system? How will new tools and technologies affect legal practitioners? Find out in our blog ‘AI Reshaping the Scottish Legal Ecosystem’: https://lnkd.in/gXFBEs42

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AI Regulation is Here: What In-House Counsel Need to Know The UK's recent adoption of the Council of Europe's Framework Convention on AI marks a significant milestone in regulating AI. This legally binding treaty ensures AI systems respect human rights, democracy, and the rule of law. As in-house counsel, it's crucial to understand how this will impact your organization. Our latest blog post delves into the key takeaways from this landmark treaty and provides actionable steps for legal departments to stay ahead of the curve. https://lnkd.in/duJdAFU8 #AIRegulation #LegalTech

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LinkedIn’s pause on AI data processing in the UK is a major signal to tech firms about the evolving regulatory landscape on data privacy. This move offers substantial opportunities for firms in AI, data governance, compliance, and tech privacy solutions to align with regulatory requirements and help clients navigate this shifting environment. CRG’s SME-Based Opportunities, INTERIM Advice & Differentiators: Opp - AI Data Compliance Solutions: As regulatory scrutiny intensifies, there's an urgent need for AI systems that comply with data privacy laws across different regions. -         Advice: Develop AI frameworks with built-in data anonymization, encryption, and compliance tracking to protect user data and adhere to regulations like GDPR and UK’s Data Protection Act. -         Differentiator: CRG’s guidance ensures clients can create AI models that are both cutting-edge and fully compliant, making them trusted partners for enterprises facing stringent regulatory demands. Opp - Privacy-First AI Model Training: With rising concerns over data privacy, companies need innovative AI training methods that do not rely on personal user data. -         Advice: Invest in privacy-preserving techniques like Federated Learning or Synthetic Data to train AI models without exposing sensitive information. -         Differentiator: CRG’s clients stand out by offering AI solutions that prioritize user privacy, enhancing trust and reducing regulatory risks. Opp - Data Governance & Risk Management Consulting: Organizations need expert guidance on implementing robust data governance policies that ensure compliance. -         Advice: Offer consulting services to help companies build data governance frameworks, including data minimization, retention policies, and consent management practices. -         Differentiator: CRG positions clients as leaders in data governance, providing tools that safeguard against regulatory penalties and foster ethical data use. Opp - AI Ethics & Transparency Solutions: As AI’s role in decision-making grows, there’s a need for tools that provide transparency, explainability, and ethical AI usage. -         Advice: Create AI solutions with built-in transparency features that allow users to understand data usage, AI decision-making processes, and data protection measures. -         Differentiator: CRG’s support ensures clients’ AI models are transparent and trustworthy, establishing them as pioneers in ethical AI practices. Contact CRG today to ensure your AI solutions are compliant, privacy-centric, and ready to lead in this evolving landscape. 👉 crgroupinc.com | [email protected] - Your Trusted Partner for Contract Success! #CRG #DataPrivacy #AI #Compliance #AI #Regulations #DataGovernance #TechInnovation #EthicalAI

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Patenting AI technologies in the UK: as of November 2023 neural networks are not excluded subject matter under the UK's computer programs exclusion, but this might soon change!    As we wait for the latest appeal judgement on Emotional Perception AI v Comptroller-General of Patents to be handed down, refresh your memory on the key case points with our latest article: https://lnkd.in/dGEjZTJR   #AI #Patents #Innovation #LegalTech #UKIPO #EmotionalPerceptionAI  

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Staying ahead in the GenAI world starts with data privacy. As AI models become more sophisticated, privacy laws will need to evolve to keep user's data safe. The ICO is currently in the middle of a consultation to decide how data privacy law should apply to GenAI. In her latest blog, Camilla Winlo C-DPO, CIPP/E, CIPM unpicks some of the challenges they are facing, and what this could mean for the future of AI. Read more: https://bit.ly/3WpnW3I #GenAI #ArtificialIntelligence #DataPrivacy Llinos Bradley Kaveh Cope-Lahooti Aneesa Wollet Mateusz Siatrak Paul Brodrick Ian Hirst

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It's hard to keep up with the latest #regulatory and commercial developments in the #AI space. The Wiggin team have summarised it for you in our latest UK Q1 2024 update on generative AI that pulls together dozens of reports and sources covering the latest regulatory approach from the Competition and Markets Authority (CMA), Ofcom, Information Commissioner's Office (ICO) and UK Government position, the latest Digital Regulation Cooperation Forum (DRCF) and Department for Science, Innovation and Technology (DSIT) guidance, intellectual property and copyright considerations, data protection, the impact of the EU AI Act, and the latest competition and consumer led investigations in the UK and EU. This is a must read for businesses wanting to stay informed about the evolving legal landscape to ensure compliance as well as to maximise the opportunities presented by developing, deploying and exploiting AI technologies. Mark Deem Cecilia Lovell Benjamin Towell https://lnkd.in/gcMYHJnK

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In an era where AI's potential is matched by its regulatory challenges, "It’s Go-Time — Creating an AI Governance Program" is a must-read. Published by the Association of Corporate Counsel this article emphasises the urgency for comprehensive AI governance, ensuring ethical, legal, and efficient AI deployment. A blend of policy updates, stakeholder engagement, and ongoing refinement, it's a blueprint for harnessing AI's power responsibly. Check out the full article for actionable insights. #AIgovernance #ethics https://loom.ly/A7TBCwU

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Exactly three years after the first version, the EU AI Act is now a reality and has important implications for many UK businesses. As companies navigate the landscape of AI, balancing the risks and regulatory considerations with the vast business opportunities presented, the time to act is now. Establishing a solid foundation for AI regulatory compliance is key. Moreover, setting up the necessary guardrails will not only drive innovation but also facilitate the scaling of AI solutions with trust. To find out how the Act will impact you, and what steps you should take now, read PwC UK's latest insights. #EUAIAct #AIRegulation #Innovation #EthicalAI #Compliance #EUlaw

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"Last year research from Crown Records Management revealed that 49% of UK businesses still operate a physical paper filing system" Let that sink in... 49% In a time when AI is on the tip of everyone's tongue, we still have a massive collection of businesses battling with piles of paper to keep their business moving. I wanted to explore the core issues with still relying on paper along with how, as a business, you might start the process of digitalising some of these processes. The link to the article is in the comments

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'Introduction to AI assurance' A Summary of the key tenets of the UK AI Assurance framework: -'Artificial Intelligence (AI) is increasingly impacting how we work, live, and engage with others.' -'However, to fully grasp its potential benefits, AI must be developed and deployed in a safe, responsible way.' -'The UK government is taking action to ensure that we can reap the benefits of AI while mitigating potential risks and harms. This includes acting to establish the right guardrails for AI through our agile approach to regulation; leading the world on AI safety.' -'As highlighted in our AI regulation white paper in 2023, AI assurance is an important aspect of broader AI governance, and a key pillar of support for organisations to operationalise and implement our five cross-cutting regulatory principles..' -'AI assurance can help to provide the basis for consumers to trust the products they buy will work as intended; for industry to confidently invest in new products and services; and for regulators to monitor compliance while enabling industry to innovate at pace...' -'A thriving AI assurance ecosystem will also become an economic activity in its own right – the UK’s cyber security industry, an example of a mature assurance ecosystem, is worth nearly £4 billion to the UK economy.' -'This Introduction to AI assurance is the first in a series of guidance to help organisations upskill on topics around AI assurance and governance. With developments in the regulatory landscape, significant advances in AI capabilities, and increased public awareness of AI..' Read the Guidance and article post in full here https://lnkd.in/gDT34arc #aiassurance #framework #uk #aipolicy

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Check out the latest AI governance strategy published by the UK's ICO! This new framework sets the stage for more secure and ethical AI development. 🚀🤖 Read the full details here: https://lnkd.in/e6iCttEU

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https://lnkd.in/eWK3ZVsM RAGs have become the standard architecture for providing LLMs with context in order to avoid hallucinations. However even RAGs can suffer from hallucination, as is often the case when the retrieval fails to retrieve sufficient context or even retrieves irrelevant context that is then weaved into the LLM’s response.

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